15 Jul 2020 | 02:00 PM
Result:
Sold for £57,000
Freehold
104 St. Helens Street, Ipswich, Suffolk, IP4 2LB
Lot 5
Result: Sold for £57,000
Key Features
- Freehold with vacant possession
- In need of refurbishment
- Town centre location
- Mixed use investment property
Description
An end-terrace Grade II listed mixed-use property on the eastern side of Ipswich town centre, which is in need of updating and improvement, but offers an attractive investment opportunity.
The deceptively spacious end-terrace property is understood to date from the 17th century and is of part timber frame and part brick construction, beneath a predominantly pitched tiled roof, with a single storey extension to the rear under a single pitched corrugated sheet roof. The property fronts the busy arterial route of St Helen's Street, with the accommodation comprising:
Ground floor: Retail Area (3.43m x 8.56m) with display window, concrete floor, stairs to first floor, Kitchenette Area with MDF base units and stainless steel sink; Rear Store Room (8.9m x 2.7m) with fitted carpet, radiator and fire door to side passage; Cloak Room with white WC and sink; Shower Room with tiled shower cubicle.
First floor: A small Landing gives access to Front Room (4.7m x 2.96m) with fitted carpet, single glazed window to front and blocked fireplace; Rear Room (3.5m x 3.5m) with fitted carpet and single glazed window to rear.
The gross internal floor area of the property is approximately 94.93m² (1,021ft²).
The property is in need of some refurbishment, with the rear store area in particular requiring upgrading, but the property presents a good opportunity for an investor buyer or owner occupier alike.
Tenure
Freehold with vacant possession
Location
104 St Helen's Street lies approximately 300m to the east of Carr Street, which is the main retail centre of Ipswich, while it is also approximately 75m from Suffolk New College and University of Suffolk buildings to the south. The location therefore has high levels of passing traffic.
The county town of Ipswich boasts a wide range of shops, facilities and services, whilst also being host to the University of Suffolk campus and recently rejuvenated and redeveloped Neptune Marina, which is just a few hundred metres to the south of the property.
Lot Type
Commercial
Legal Packs
www.cheffins.co.uk/auctions/property-auctions or Jenny Jinman of Steed & Steed LLP, 76-82 Coggeshall Road, Braintree, Essex, CM7 9BY
Viewing
Cheffins Property Auction Dept 01223 213777
Important notes
IMPORTANT: Cheffins would like to inform prospective purchasers that these sales particulars have been prepared as a general guide only. A detailed survey has not been carried out, nor the services, appliances or fittings tested. Room sizes should not be relied upon for furnishing purposes and are approximate. If floor plans are included, they are for guidance and illustration purposes only and may not be to scale. Images may have been digitally edited for illustration purposes. If there are any important matters likely to affect your decision to buy, please contact us before viewing the property.
*Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve price (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set up to or within the Guide Range or no more than 10% above a single figure Guide. The reserve price will remain confidential between the seller and the auctioneer.
Fees: The guide price excludes any additional fees that the purchaser may incur, to include, but not limited to, Buyers Contract fee, Stamp Duty Land Tax, VAT, legal and search fees etc. Please refer to relevant Auction Legal Packs for details.